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		This site is sponsored by Bromwich & Smith Inc., a bankruptcy trustee in Calgary. To arrange for a meeting with one of our bankruptcy experts, Calgary and the area residents can call our Calgary bankruptcy office at (403) 266-6665. Or: e-mail us your bankruptcy questions now and we will contact you with an answer! - The team at Bromwich & Smith Inc. is happy to help.

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Bankruptcy Calgary Information Site

Sponsored by Bromwich & Smith Inc., this site is designed as a free source of information on personal bankruptcy in Calgary, consumer proposals, and other debt management solutions available in Calgary, as well as on bankruptcy services offered by local bankruptcy trustees.

Calgary bankruptcy trustees at Bromwich & Smith Inc. are licensed by the federal government of Canada to provide personal bankruptcy and proposal services to Calgary and the area residents.

Our Bankruptcy Calgary Blog, a collection of bankruptcy questions and answers to these questions provided by experienced bankruptcy experts at Bromwich & Smith Inc., is a valuable source of information for people dealing with financial difficulties. The most recent posts from the blog are listed below.

For more information related to debt management, we suggest that you post your questions to Bankruptcy Canada Blog, e-mail the questions to Calgary bankruptcy trustees, or arrange for an initial consultation with one of our bankruptcy experts - all at no charge.

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Recent Bankruptcy Questions:

Posted on Wednesday, May 06, 2009

Credit cards and bankruptcy

Question: can i draw money from my credit cards and keep it just before i go bankrupt?

Answer: No. Drawing money from credit cards before filing for bankruptcy would be considered fraud, and you would be required to pay it back, even if you went bankrupt.

Labels: bankruptcy

Posted on Monday, May 04, 2009

Rebuilding credit after bankruptcy

Question: What would be the best way to rebuild credit after filing bankruptcy?

Answer: For residents of Calgary, Alberta, after the conclusion of your bankruptcy the most important step you can take is to begin saving money. By saving money you will have a significant down payment in the future to buy a car or house if needed.

To rebuild your credit after bankruptcy, one option is to get a secured credit card. You give the credit card company a deposit, and they give you a credit card with a credit limit equal to your deposit. The credit card appears on your credit report, and shows that you have begun to rebuild your credit.

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